So can someone please tell me why were arent spending BTC's.
i don't spend frivolously. if i needed web hosting, i'ld buy it with bitcoins. if i wanted gold or silver bullion, i'ld buy it with bitcoins. but i looked at the merchants yesterday and shrugged, there was nothing i would have bought that i could pay using bitcoins.
i just did need an electronic gadget. the only place that even listed them was bitcoinstore.com but they were out of stock for this item. but even if they had them in stock the $1,000 minimum order size would have made my purchase ineligible. (i did, however, pay for the item at staples using a prepaid credit card which i loaded using a moneypak that was bought with bitcoins.)
a restaurant near me charges fifty cents extra when paying with a credit card. i've talked to the manager but nobody else has ever asked about bitcoin so they don't see it as being worth it. there was a site that sold restaurant gift cards for bitcoins but by the time i went to order the site had closed down.
i showed a friend bitzino video poker, and after she turned a bitcoin into five i ended up buying a couple btc back from her.
so the problem isn't that people won't spend their coins because they are going to go up in value, it is because the variety just isn't there yet.